XML 18 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]      
Net sales $ 926,515 $ 653,163 $ 684,016
Cost of sales 690,030 503,893 517,746
Gross profit 236,485 149,270 166,270
Operating expenses:      
Selling and marketing 17,540 17,917 17,946
General and administrative 61,915 39,912 44,256
Amortization 7,255 6,131 5,956
Operating income 149,775 85,310 98,112
Other expense, net:      
Other income, net (1,015) (2,310) (149)
Interest expense 2,529 3,888 6,464
Other expense, net 1,514 1,578 6,315
Net income before provision for income taxes 148,261 83,732 91,797
Income tax provision 33,979 19,076 22,096
Net income 114,282 64,656 69,701
Net income attributable to non-controlling interest 4,441 3,094 3,635
Net income attributable to Malibu Boats, Inc. 109,841 61,562 66,066
Comprehensive income:      
Net income 114,282 64,656 69,701
Other comprehensive income (loss)      
Change in cumulative translation adjustment 1,493 (304) (844)
Other comprehensive income (loss) 1,493 (304) (844)
Comprehensive income 115,775 64,352 68,857
Less: comprehensive income attributable to non-controlling interest, net of tax 4,507 3,083 3,591
Comprehensive income attributable to Malibu Boats, Inc., net of tax $ 111,268 $ 61,269 $ 65,266
Weighted average shares outstanding used in computing net income per share:      
Basic (in shares) 20,752,652 20,662,750 20,832,445
Diluted (in shares) 21,011,087 20,852,361 20,966,539
Net income available to Class A Common Stock per share:      
Basic (in dollars per share) $ 5.29 $ 2.98 $ 3.17
Diluted (in dollars per share) $ 5.23 $ 2.95 $ 3.15